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Chinese regulators probe Paytm backer Ant Group's equity investments

TMT

31 December, 2020

Chinese regulators probe Paytm backer Ant Group's equity investments

Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge ......

China pushes Ant Group overhaul in latest crackdown on Jack Ma

TMT

28 December, 2020

China pushes Ant Group overhaul in latest crackdown on Jack Ma

China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up ......

Ant Group considers Paytm stake sale amid India-China tensions

TMT

02 December, 2020

Ant Group considers Paytm stake sale amid India-China tensions

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between ......

India bans Alibaba's app, 42 others as it takes on China

TMT

24 November, 2020

India bans Alibaba's app, 42 others as it takes on China

India banned 43 mobile applications on Tuesday including Alibaba Group Holding Ltd's e-commerce app Aliexpress in a new wave of ......

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

TMT

10 November, 2020

Investcorp, others bet $110 mn on Alibaba-backed Xpressbees

Bahrain-based alternative investment firm Investcorp and other investors have put in $110 million (about Rs 816 crore) in Alibaba Group-backed ......

SoftBank Vision Fund back to black but some tech bets sting

Finance

09 November, 2020

SoftBank Vision Fund back to black but some tech bets sting

Japan's SoftBank Group Corp on Monday reported $6.1 billion in quarterly profit as a broad upswing in tech valuations brought ......

How billionaire Jack Ma fell to earth and took Ant's mega IPO with him

Markets

05 November, 2020

How billionaire Jack Ma fell to earth and took Ant's mega IPO with him

They say talk is cheap. Tell that to Jack Ma. Corporate China's shiniest star was just days away from seeing his ......

Ant Group's $37 bn IPO suspended in Shanghai and Hong Kong

TMT

03 November, 2020

Ant Group's $37 bn IPO suspended in Shanghai and Hong Kong

Ant Group's $37 billion stock market listing has been suspended in both Shanghai and Hong Kong in a dramatic move ......

Ant Group IPO's Shanghai retail book gets bids for almost $600 bn

TMT

29 October, 2020

Ant Group IPO's Shanghai retail book gets bids for almost $600 bn

The domestic retail book of Ant Group Co Ltd's $34.4 billion dual listing was 872 times oversubscribed as individual investors ......

Paytm backer Ant Group curbs support for overseas partners in strategy rethink

TMT

29 October, 2020

Paytm backer Ant Group curbs support for overseas partners in strategy rethink

China's Ant Group Co Ltd has been cutting funding and staff support to many of the overseas e-wallet firms it ......